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Question
Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.
Options
Owned capital
Short term loan
Long term loan
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Solution
Deposit is a type of Short term loan.
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Answer in one sentence.
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Credit Rating
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| CC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits. |
- Can the company accept deposits in joint names?
- Can the company accept deposits from its members?
- Can the company issue secure deposits?
